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Pornhub Adopted Cryptocurrency Payments But Less Than 1% Of Its Subscribers Pay In Crypto

Pornhub adopted cryptocurrency payments for some time now. However, less than 1% of the famous adult entertainment site’s subscribers make payments with crypto coins. The information was made public through a publication in the Hard Fork portal on September 28th where the company stated that after the implementation of the crypto payments system last April, via Verge (XVG), the expected results have not been obtained yet.

In this regard, the Pornhub plans to team up with PumaPay, a cryptocurrency payment processor based on the Ethereum (ETH) network with the possibility of accepting its token, PumaPay (PMA), as a means of payment, too.

While the official announcement about the partnership between Pornhub and PumaPay was made in August, until now the payment function is not available on the platform. In this regard, the integration will take place in Q1 2019, according to some rumors coming from PumaPay.

As regarding the already-implemented cryptocurrency payments systems, Pornhub said that only 1% of its premium subscribers pay with cryptocurrencies.

Pornhub adopted cryptocurrency payments, but less than 1% of its subscribers pay in the accepted cryptos

Pornhub introduced payments with the Verge (XVG) token last April because the cryptocurrency focuses on privacy and anonymity, which is considered the most convenient and safe for this market, according to Corey Price, the vice president of the famous adult entertainment platform. Since then, Pornhub also accepted TRON (TRX) and ZenCash (ZEN).

“Transactions with ZenCash and TRON will allow for flexible billing practices and popular scenarios within the adult entertainment industry, i.e., pay-per-use while ensuring user anonymity, as well as high speed and low transaction costs,” said Corey Price, Vice President at Pornhub.

At that time, Price again exalted the viability of cryptos as a means of payment in the adult entertainment industry, adding that payments with these two tokens would be made through CoinPayments.

However, although the expectations were higher, less than 1% of the Pornhub subscribers pay for their membership in cryptocurrency.

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Crypto News

Tron (TRX) Accepted On Brazzers And Nutaku Games – Tron (TRX) To “Go To The Moon” With Porn

On June 27th, one of the largest adult content network, PornHub, announced that they now accept ZenCash (ZEN) and Tron (TRX) as payment methods. Back then, only ZenCash (ZEN) confirmed the news, but now it is the turn of Tron Foundation to validate the announcement. But, that’s not all! Justin Sun, Tron CEO, announced that Tron (TRX) is now accepted on Brazzers, Traffic Junky, and Nutaku Games, of course, besides PornHub as it has been announced.

Traffic Junky accepts Tron (TRX)

Traffic Junky is a leading digital marketing company, working on improving businesses from all over the world by Internet marketing techniques.

Being accepted by Traffic Junky, Tron (TRX) will emerge on a market that could benefit it in the long-term.

Tron (TRX) to “go to the Moon” with porn

PornHub is one of the biggest adult content networks in the world, owned by Mindgeek. Also, PornHub already accepted Verge (XVG) a few months ago. A couple of days ago they also accepted Tron (TRX) payments. As Mindgeek owns PornHub, there’s no surprise that Tron (TRX) also reached Brazzers, the other colossal porn network owned by the before-mentioned Mindgeek.

PornHub is by far the most visited porn site on the web, scoring an average of 81 million visitors per day in 2017, according to Forbes. Overall, PornHub scored 28.5 billion visitors in 2017, reported the same publication. On the other hand, Brazzers, based out of Montreal, Canada, is one of the leading x-rated movies producer and online platforms in the world with 35 million visitors each month, according to Ethereum World News.

What these figures reveal is that Tron (TRX) could greatly benefit from all that colossal traffic both PornHub and Brazzers enjoy, and the TRX adoption rate could skyrocket.

In the end, Nutaku Games also accepted TRX payments. Nutaku Games, the renowned Hentai games producer, meaning that they are developing video games based on the famous Japanese pornographic anime, Hentai.

In conclusion, there is no doubt that Tron (TRX) could “go to the Moon” propelled by the adoption from the porn world.

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Crypto News

PornHub Now Accepts Tron (TRX) And ZenCash (ZEN) Cryptocurrency Payment Methods

The famous adult content website PornHub has just released the announcement that it is accepting two more cryptocurrencies, besides Verge (XVG). Namely, PornHub now accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payment methods.

The addition signals the ultimate crypto-play by the site, which included a payment feature for the Verge (XVG) cryptocurrency in April.

This announcement, initially issued by Variety, was eventually endorsed by Chris Jackson, the PornHub’s spokesman. Accordingly, the site’s members can now three cryptocurrencies to buy subscriptions or for accessing content on PornHub or any of the PornHub’s affiliated platforms and websites.

After accepting Verge (XVG) in April, PornHub emerged into the world of cryptocurrency payment methods. Apparently, everything went as expected, or even better, because the famous adult content website just accepted Tron (TRX) and ZenCash (ZEN) as payment methods. Even more, PornHub is not willing to stop here and plans on adding more cryptos in the future.

PornHub just announced that accepts Tron (TRX) and ZenCash (ZEN) as cryptocurrency payments methods, and will add more in the future

Here at PornHub, it is important that we address the ever-changing payment preferences of our users and, as such, that means accepting cryptocurrencies as a payment method, which provides users with anonymity and security. We hope to continue storing our arsenal of cryptocurrencies, providing our fans with more payment methods than ever before. Hopefully, we will be the precursor to industry-wide adoption.

Corey Price, the Vice President of PornHub, in the official announcement

On the other hand, ZenCash (ZEN) co-founder, Robert Viglione, said in an official statement that PornHub’s affinity for cryptocurrencies is, in fact, helping the adult platform’s members who now have “the ability to pay for adult entertainment in private without fear of exposure.”

So far, no official comments came from Tron (TRX) representatives regarding the announcement made by PornHub that it now accepts Tron (TRX) and ZenCash (ZEN) as new cryptocurrency payment method.

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Crypto News

Verge (XVG) Partners Up With A Porn Industry Giant, To The Disappointment Of The Community

Verge (XVG) has announced a few days back a mysterious partnership meant to boost the adoption of XVG cryptocurrencies. Many names have been rumored, including TokenPay, a payments processor. However, surprisingly, Verge (XVG)’s new partner is a renowned porn industry giant.

Many news sites jumped into releasing news articles stating that the new Verge (XVG) partner is Pornhub, the well-known porn streaming site with adult live chat, dating, and many more.

Did Verge (XVG) partnered with Pornhub? Despite that many think so, the answer is “Not quite”.

The real Verge (XVG) partner is MindGeek

Yes, MindGeek is the new XVG partner and the one which will adopt Verge (XVG) payments on its networks.

MindGeek is the company behind Pornhub, Brazzers, Babes.com, and a whole bunch of other porn sites or sites with porn-related content. Well, MindGeek is a giant in the porn industry and, from today on, it is adopting Verge cryptocurrency as one of its payment methods.

How will the Verge (XVG) partnership with MindGeek help the XVG?

Porn industry remains a billion of dollars industry and will keep its position forever, I guess. Thousands of dollars are spent on a daily basis on porn, from movies to live adult cams.

This partnership will definitely increase Verge (XVG) adoption and Verge network will record, most probably, tons of transactions. Not to mention that the intrinsically decentralized characteristic of cryptocurrencies will attract more and more fans of the porn industry who already seek for more privacy, in terms of transactions, at least.

The XVG’s future

Now, Verge (XVG) has dropped by about 24% after the announcement has been made because the Verge community was expecting a strong partnership within the blockchain market or at least in its close vicinity.

However, the coin recovered and is now, again, going green.

It is understandable why the community was disappointed and for this fact, the Verge team is partially guilty for keeping this deal completely under the radar.

In conclusion, the Verge (XVG) partners up with MindGeek, the giant porn industry company which owns Pornhub, Brazzers, and so on. But the XVG holders should be happy because, in the long-term, this deal might turn out to be very advantageous for the Verge (XVG) price.

 

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